Guideline Value for ANNAI AVENUE

Annai Avenue guideline value

The current guideline value of Annai Avenue, located in Thazhampoor village under the Thiruporur SRO, is Rs 1,600 per sq.ft as per the 2023 revision. The land classification for this area is Residential Class II Type - I.

How the guideline value of Annai Avenue has changed

Over the years, the guideline value of Annai Avenue has seen several revisions. The most recent revision in 2023 set the value at Rs 1,600 per sq.ft. Prior to this, in the 2017 revision, the value was Rs 1,072 per sq.ft, marking a significant increase of 49%. In the 2012 revision, the guideline value was also Rs 1,600 per sq.ft, which indicates that there was a decrease of 33% from 2012 to 2017.

Overall, from the 2012 revision to the 2023 revision, the guideline value has remained unchanged at Rs 1,600 per sq.ft. It is worth noting that there are no figures available for the revisions in 2002, 2003, 2007, and 2024 for this street.

Guideline values in Thazhampoor

Currently, there are no specific village figures available for Thazhampoor. Annai Avenue is the only street mentioned, and there are no other streets in Thazhampoor under the Thiruporur SRO.

Stamp duty and registration fee for property in Annai Avenue

For a 1,000 sq.ft plot at the current guideline value of Rs 1,600 per sq.ft, the total guideline value would be Rs 16,00,000. The stamp duty at 7% would amount to Rs 1,12,000, and the registration fee at 2% would be Rs 32,000, bringing the total fees to Rs 1,44,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Annai Avenue?

The Sub Registrar Office that covers Annai Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone. You can find your SRO for further assistance.

How the guideline value is used when you buy or sell in Thazhampoor

The guideline value is an essential factor when registering property transactions in Thazhampoor. It serves as a reference point for determining the stamp duty and registration fees that need to be paid during the transaction process.

When buying or selling property, the guideline value is compared with the sale price, and the higher of the two is used to calculate the applicable duties and fees. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Annai Avenue?

The current guideline value of Annai Avenue is Rs 1,600 per sq.ft as per the 2023 revision.

How much has the guideline value changed over the years?

From the 2012 revision to the 2017 revision, the guideline value decreased by 33%. However, from the 2017 revision to the 2023 revision, it increased by 49%, resulting in no overall change from 2012 to 2023.

What is the land classification for Annai Avenue?

The land classification for Annai Avenue is Residential Class II Type - I.

Where can I find the Sub Registrar Office for Annai Avenue?

The Sub Registrar Office for Annai Avenue is the Thiruporur Sub Registrar Office, located at No.29, South Mada Street, Thiruporur-603110, Chengalpattu registration zone.

How are stamp duty and registration fees calculated?

Stamp duty and registration fees are calculated based on the higher of the guideline value or the sale price of the property. For example, for a 1,000 sq.ft plot at the current rate, the total fees would amount to Rs 1,44,000.